In a large bowl, combine the ground digestive biscuits, powdered sugar, and cocoa powder.
Melt the butter over low heat and pour it into the mixture.
Add a little milk at a time, mixing continuously until you have a malleable dough.
Add the rum extract and mix the dough well.
Take small portions of the dough and shape them into walnut-sized balls.
Roll the balls in shredded coconut to coat them completely.
Place the finished balls in the refrigerator for at least 30 minutes to firm up and allow the flavors to meld.
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